On March 27, 2020, President Trump signed an economic stimulus act titled the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act. The CARES Act includes economic stimulus provisions concerning an...more
In the wake of the post-2008 “Great Recession,” many financial institutions were left holding an odoriferous bag of non-performing loans and bank-owned real estate (“REO Property”) resulting from foreclosures on collateral....more